6 Walmart Heirs Worth Same as Bottom 41% of US

Their combined worth is $89.5 billion

(Newser)
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Who has more money: the six heirs to the Walmart fortune or the bottom 41.5% of all American families put together? Trick question—they're about the same. The Economic Policy Institute calculates that in 2010, six members of the Walton family were together worth $89.5 billion. That amount of wealth is equal to the total value held by a staggering 48.8 million US households.

In 2007, the six inheritors—who are the children of Walmart founders Sam and James Walton—boasted riches equal to the bottom 30% of Americans. But their assets have ballooned in value in the intervening three years. "It's just one example of the prevalence of income inequality in America," writes the Huffington Post. "The top 1% of American earners saw their incomes spike 275% between 1979 and 2007, while the bottom one-fifth of Americans saw their wealth grow by only 20%."

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